MDWerks, Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 14, 2025
MDWKStored price and day change unavailable
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows (Unaudited)
Consolidated Statements of Cash Flows
| Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, 2025 · September 30, 2024 | ||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
| Net loss | $(2,984,683) | $(909,480) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Depreciation and amortization | 236,012 | 212,063 | ||
| Gain/Loss on disposal of assets | - | 54,000 | ||
| Inventory impairment | 61,897 | - | ||
| Stock-based compensation | 596,904 | 15,000 | ||
| Allowance for credit losses | 1,656 | 976 | ||
| Interest income | - | (5,700) | ||
| Changes in operating assets and liabilities: | ||||
| Accounts receivable | (10,481) | (103,442) | ||
| Prepaid expense | 82,214 | (16,146) | ||
| Inventory | 909 | 12,577 | ||
| Right-of-use asset | 187,141 | 93,919 | ||
| Accounts payable | 723,520 | 95,711 | ||
| Accounts payable – related party | (46,812) | - | ||
| Deferred revenue | 160,114 | (52,779) | ||
| Right-of-use liability | (202,573) | (59,392) | ||
| NET CASH USED IN OPERATING ACTIVITIES | (1,194,182) | (662,693) | ||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||
| Purchase of property and equipment | (778,082) | (6,990) | ||
| NET CASH USED IN INVESTING ACTIVITIES | (778,082) | (6,990) | ||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||
| Proceeds from related party notes payable | 150,000 | 120,500 | ||
| Repayment of related party notes payable | (105,500) | - | ||
| Repayment of notes payable | (241,517) | (143,450) | ||
| Proceeds from subscription agreements | 2,339,400 | 640,000 | ||
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 2,142,383 | 617,050 | ||
| NET CHANGE IN CASH | 170,119 | (52,633) | ||
| CASH - BEGINNING OF YEAR | 11,159 | 115,111 | ||
| CASH - END OF PERIOD | $181,278 | $62,478 | ||
| Supplemental disclosures of cash flow information: | ||||
| Cash paid for interest | $7,959 | $ | - | |
| Cash paid for taxes | $ | - | $ | - |
| Supplemental disclosure of non-cash investing and financing activities | ||||
| Property and equipment acquired with notes payable | $ | - | $444,891 | |
| Property and equipment acquired with accounts payable | $42,630 | $ | - | |
| Common stock issued for inventory | $850,000 | $ | - | |
| Insurance being financed with a note payable | $171,050 | $ | - | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.